For reaching the EU's climate goals the space heating sector is of exceptionally high relevance. Heating and cooling accounts for 50% of the EU final energy consumption; approximately 75% of the heat demand is covered from fossil fuels and around 60% of the overall heat demand is consumed in...

This study examines the relationship between energy transition and government debt in 15 developing countries using a dynamic generalized method of moments (GMM) estimation backed by a theoretical background. Results show that government debt is highly persistent, with past debt strongly...

This paper analyses the Norwegian Power System through a sequence of models that represents dynamics of the wholesale power market, distribution power network, end-users, and a coordination scheme between Transmission System Operators (TSOs) and Distribution System Operators (DSOs). The models...

Achieving a net-zero energy system in Europe by 2050 will likely require large-scale deployment of hydrogen and seasonal energy storage to manage variability in renewable supply and demand. This study addresses two key objectives: (1) to develop a modeling framework that integrates seasonal...

Economic theory suggests that significant benefits can be realized, if two or more countries integrate their renewable support schemes and capitalize on the lowest cost renewable energy projects in merged markets. Hungary is one of the Central and Eastern European countries having a legal...